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AR Market - What Can The Statistics Say About the Future Of Augmented Reality Apps
These are the numbers that entrepreneurs should use augmented Reality to grow their businesses.
Market share for augmented realities is expected to increase dramatically. This market includes major segments such as software and hardware.
The AR market size was approximate. 9.53 billion US dollars.
Snapchat is a social media app that uses augmented Reality in its technical architecture. It has 332 million active users daily (Statista).
Pokemon Go, another augmented reality app, has been downloaded 14.4 million times worldwide since 2023 (Statista).
The Essential Benefits of Building Augmented Reality Apps for Businesses
The statistics are a guideline for consumer usage of augmented realities, but here are some practical benefits for corporations.
- Competitive Advantage
- Virtual Try-ons
- Increased marketing and sales
- Unique Customer Experience
Competitive Advantage
Augmented Reality can be used in marketing campaigns, direct products, and services. This will show that you are market ready, flexible, responsive, and able to adapt to new modern technologies.
You can be a brand that makes fiction real for your target audience by being an early adopter and having a forward-thinking approach. Competitive advantage is essential in today's business world. Forbes startups use this term to describe themselves.
Advertising, Marketing, and Sales
Augmented Reality can be a great tool for entrepreneurs and businesses to bring their AIDA model from the theoretical stage to Reality.
AR can be used in customer service and advertising. Here's how to capture the attention of your audience.
AR grabs attention and raises brand awareness. AR isn't a new way to advertise, as brands such as Warby Parker or Sephora already use it.
When your target audience can try the product, it piques their interest and inspires them to purchase.
AR can make your audience see, shop, and take action! In a buying cycle. AR can be used to create unique customer experiences and advertise.
Augmented Reality can be used to train employees and customers.
Augmented Reality for Industrial Applications
These are just a few examples of how augmented Reality is used in 8 different business sectors.
- Healthcare: Providing better patient experiences during counseling and therapies
- Tourism: Translation and interpretation of signboards at remote locations
- Real Estate: Enhance your home buying and makeover experience
- Education: AR-enabled apps for medical training and program development
- Retail and ecommerce: enhanced shopping experience through virtual try-ons
- Gaming: Interaction between the real and virtual worlds via simulations
- Automotive: Fully digital showrooms for vehicle sales and display
- Design modeling and Architecture: Automated, real-time changes to floor plans and engineering design
Augmented Reality App Cost
- An Augmented Reality app basic costs approximately. $65,000.
- An intermediate-level AR app development cost can range between $70,000 - $133,000.
- Advanced AR applications that include AI and ML functionality will cost you more than $150,000
These are only estimates. However, six factors are important to consider when estimating the app development cost.
- Various features
- Hours of development
- Human resources
- Locations to hire
- The complexity of UX and UI design
- Technologies and tools
- Frameworks
- software development toolkits
- Cloud services
- Integrations with third parties
- Database services
- Do you need experts to estimate the cost of your AR app?
- Find out everything you need about AR apps.
How to Make an Augmented Reality App
It sounds exciting and innovative to build an AR app. It is a huge undertaking that requires a lot of planning and decision-making.
You can avoid this through thorough market research, competitor analysis, and solid business goals/ plans.
- Select the AR app you wish to create and launch.
- Note down the features that you would like to include.
- Select a tech stack, and then create a development plan.
- Hire an AR developer to complete technical milestones.
- Launch your AR product and test the app.
Five Steps to Make an Augmented Reality App
Let's look at the five steps in building an AR app.
Select The Type Of Ar Application You Want To Build And Launch
Your business needs will determine the type of augmented reality app you launch.
- Startups will likely want to create a new app using this futuristic technology. You can fill a market gap, provide AR integrations for a new business, or just create an AR-supported game.
- Augmented Reality Solutions is a great option for established businesses. Take a look at Target and IKEA Place's examples. You can add AR-specific features to your existing business app for customers.
Types of Augmented Reality Apps
You can invest in these two main types of Augmented Reality Apps.
Marker-Based Applications
These apps use markers to create Augmented Reality apps. These markers trigger specific objects, such as icons, QR codes, and barcodes or symbols.
The user can capture these triggers using the camera on the device or the built-in camera function of the app. The back end processes the trigger and displays the appropriate AR scene or object in the front end.
AR apps based on markers are easier to develop and can be used in many business scenarios. They are less complex to develop and require no advanced Artificial Intelligence.
Marker-based development is supported by premium AR frameworks like Vuforia, Wikitude, and others. Before developing a technology stack, we advise you to verify that open-source SDKs are appropriate and meet your project's requirements.
Location-Based Apps
Apps that employ location instead of code or object triggers have more complex use cases than location-based ones.
Using a camera, the environment is scanned to identify things. The app then uses back-end programming principles to position 3D objects.
Pokemon Go is the most well-known location-based augmented reality app. It is a well-liked game with a good user interface, a solid technical foundation, and support for GPS, GPS, and other sensors.
These location-based apps can also be educated using artificial intelligence (AI) and machine learning techniques to recognize images, objects, and environments.
Due to their complex technical architecture, robust back-end requirements, and smooth front-end functionality, location-based AR apps require more money and time to develop.
We will tell you that location-based apps can be expensive to develop but are also more time-consuming and require longer development times. ARToolkit is the most powerful software development toolkit for building location-based AR apps.
Note The Features You Want To Add
The total functionality of your AR app will depend on what you want to offer, but here are the top five features that every modern augmented reality digital solution should have:
- GPS integration and detection
- Built-in camera - to capture or scan real environments
- A library of 3D visuals, text elements, and other graphics
- Marker recognition - for detecting images, icons, QR codes, etc.
- Sign up for guests and share your social media posts.
Appreneurs have the freedom to choose how many features they offer. The key factor in choosing the features for an app is balance.
You want to improve the user experience, manage the user interface and boost core functionality.
Let's examine a case in point. Publish a market app. For viewing and payment, you provide AR scanning. From an experiential standpoint, it completes your app and has a beautiful sound.
Launching a measurement application and including push alerts are further options.
You stay in contact with your audience thanks to these alerts and reminders. Such reminders are not required with a measurement app, though.
Sending too many warnings may reduce the number of downloads.
A UX or product strategist should be consulted at this stage of the choice-making process. By doing this, you can be sure that your software is clear and straightforward, and it increases user pleasure.
After deciding on features, it is time to get into the game and observe the development - the coding and programming process.
Select A Tech Stack And Create A Development Strategy
After you have identified the features that you wish to include in your app, it's time to choose the right technologies and tools for your digital product.
Different features will require different levels and support.
A strong programming architecture is needed for augmented reality applications. This is particularly crucial on the back end.
Apps for augmented Reality can locate virtual things in actual situations.
AR development also requires specific frameworks and software tools - most of which aren't free and open-source.
They can be costly. Choosing a tech stack with care is important, as it can be a cost center. These are the four things you should consider when selecting a tech stack.
- Your target audience and the size of your AR app
- Feature-rich and core functionality
- How do you plan to scale up your AR product/business?
- The AR app development budget
Technology stack for Augmented Reality Apps
You or your AR developer will require a customized tech stack to build an AR app. Here's what it typically looks like:
Programming Languages
C++ and HTML are the most popular choices for creating a tech stack. These are the foundations of any digital product, whether a website, app, SaaS solution or corporate software.
Front-End and Back-End Frameworks
JavaScript supports both front-end and back-end development on different devices. There are many JavaScript libraries and frameworks, such as Node.js.
An AR developer with experience will tell you that Python is a great choice because it can be used in various programming languages and databases.
AR Frameworks
These are the top 3 AR SDKs we use at Cisin during our development process:
- Wikitude
Wikitude is an AR software development tool specifically designed for businesses, corporations, and other enterprise-grade organizations heavily invested in Augmented Reality.
It includes features like CMS Integration, image recognition, location-based support, and 3D detection.
Wikitude Studio and 3D Object Targets are just a few of its specialized products. Wikitude allows you to create iOS, Android, and Smart Glass apps (AR Glasses app development experts)
It supports both marker-based AR development and marker-less AR development.
Wikitude offers a free plan, but it's insufficient to support AR app development. The pro version costs EUR2490, and you can also get custom quotes.
- MAXST
Two software development kits are available for the Korean AR framework MAXST. They are focused on 3D position detection and 2D object tracking.
Because MAXST is compatible with Unity, a game engine with extended support, app developers often use MAXST to develop AR games.
Other AR features include image tracking, environment mapping, and digital object placement in real environments.
- Vuforia
Vuforia, another excellent AR framework and software development kit, is also available. It has everything for all types of businesses, from startups to large enterprises.
Vuforia Engine and Vuforia Studio are just a few corporate offerings.
It supports both text and other visual elements and can distinguish between numerous objects of varied shapes. Its database now has about 100,000 words.
It works with iOS, Android, and Unity.
Vuforia provides simple prototype plans. But, Vuforia's monthly subscription fee, including cloud add-ons, is $99 monthly.
You might also be interested in ARToolKit and ARCore, augmented reality software toolkits for developers. A suggestion article provides a detailed overview of 6 AR frameworks available for iOS and Android applications.
In addition to software development tools, a robust database system, such as MongoDB or MySQL, is needed for an AR application.
Moreover, it requires cloud services like Amazon Web Services (AWS).
Read More: Working, Limitation, & Future Growth Opportunities in Augmented Reality?
Employ A Developer Of An Ar App And Finish The Technical Milestones
Your A team will support you both throughout and after development. A smaller team will be required if you have technical expertise in, say, app coding or AI programming.
If you come from a business background and are not proficient in programming, then this team is what you need.
The proper human resource selection is a significant cost center for this project. To save costs, you must consider how your team is organized in terms of work and operations.
- Full-time wages and benefits make it very costly to hire an in-house staff.
- Hire a development team hourly - this is a new way to have full control and flexibility over project timelines.
- Last but not least, you can outsource your entire app development project and have it monitored remotely so that you can launch, test, and complete your app on time.
Launch Your Product with the Augmented Reality App
This is the last stage before your target market can download and utilize your app. Battle-testing the app is essential to ensuring its success.
Three criteria are typically used by AR app developers to test and evaluate the quality of any mobile app:
Technical Performance: QA experts evaluate the front-end and back-end of the software. They ensure that the software functions flawlessly across all platforms and devices.
In this phase, testers ensure that the user journey is as short as possible and that the app is simple for everyone.
This test is important for app loading speed, sign-in, sign-up, and other features. It also checks graphic stability.
An app can only be trusted to protect your data.
Penetration testers utilize the ethical hacking procedure to check that the software is not susceptible to data breaches or leaks of personal user data.
The ability of an app to provide accurate responses is assessed in a different test component. These augmented reality applications respond by correctly identifying text, images, places, and settings.
Functional testing, instrument testing, and unit testing are the technical names for these forms of testing.
Customers can approve an app after it has undergone testing. It is now prepared for deployment and store opening.
How to Select an AR Mobile App Development Company
It is crucial to determine how to select the best AR application development company. Agencies must use the correct AR application development tools to build user-friendly apps.
These tools are similar to the Software Development Kit (SDK). It is important to look at the tools they use to build applications when choosing an AR company to develop your application.
The company's support, total prices, monitoring or tracking support, GPS, picture recognition tools, OpenSceneGraph support, and other variables should be considered before hiring an AR app development company.
Businesses that specialize in AR mobile app development are chosen based on the technical processes, tools, and platforms they can employ to create effective AR mobile apps ideas.
Tips for Hiring Augmented Reality App Developers
Augmented Reality allows developers to create practical, robust, adaptable, and highly interactive Android and iOS apps for various needs.
These are some things to consider when hiring AR app developers or an App Development company.
- Explore the work portfolios of app development companies.
- You can check out the years of experience that the company has in AR development.
- Which types of projects have they successfully delivered?
- Which clientele do they deal with when creating similar AR projects?
- Explore the technology and coding platforms they offer
- You can read their reviews online or make offline recommendations.
- Before awarding the entire project, we analyze their expertise using POC projects.
- Which processes and steps are the following to make the application secure and scalable?
- What can they offer to UI and UX clients that will draw them in
- Which design and technology practices are they following?
- They are willing to enter into a specific Non-Disclosure Agreement.
- It is also an option to get feedback from previous company clients.
- You can also check out reviews and other information on AR apps on reviews, social media sites, search engines, and on-demand.
- Meet the developers who will create your AR mobile applications. Meet them and get to know their expertise and testimonials, and information about the platform.
- Communication and interaction are essential. Your half-work is done if your developer grasps the mobile app idea you desire.
- Be smart enough to find a compromise between superior quality and overall cost.
These are some valuable tips to help you hire an AR App Developer or Company.
Why use AR App Development in Diverse Fields?
Current businesses should consider AR mobile app solutions to increase their customer base and earnings. Our AR specialists have an excellent track record in creating interactive apps in many fields, such as retail, healthcare and education, real estate, manufacturing, and others.
The AR development market is gaining in competition every day. It is easy to choose the best mobile app for you, but you must find the right Augmented Reality Company.
These Are The Benefits Of Choosing Ar Development For Your Subsequent Projects
- You can create a more interactive and superior user experience
- Content customized to meet specific needs
- Let readers connect quickly with published content and allow them to make connections
- AR can reduce language barriers and language challenges
- Increase brand awareness
- AR helps customers make better purchasing decisions
- Analytics and insights are used to track user behavior.
- Consumers have more opportunities to interact with and engage in campaigns.
Augmented Reality Creation: Professionals involved
Although augmented Reality (AR) has been around for a while, it is still growing in popularity. This is due to a staggering 31.5% CAGR.
Many factors will drive this huge growth in AR. This includes a surge in demand for AR technology in healthcare and its many applications in the e-commerce sector.
AR has become a promising area for tech workers. The top AR professionals who have created augmented reality software and hardware are here.
Software Developer
AR programs are built on the foundation of software developers.
These experts are in charge of developing and testing AR programs. Those in these professions must possess a wide range of abilities to stay up with the AR industry's rapid expansion.
The most helpful abilities needed for this position are C# and C++. Knowledge of Oculus and Vive systems and Unity experience.
The most effective training to become an AI software developer is a degree in computer science. A typical curriculum is available in this field of study, emphasizing computer systems and software development principles like DevOps.
Graduates with computer science degrees can become proficient in data science, artificial intelligence, user experience, and data science. AR tools and software are strongly tied to this idea.
Designer and Graphics Engineer
Without designers and graphic engineers, the AR industry would not exist.
These experts made the integrated graphics and visual effect systems you see in AR applications. Additionally, they support the fusion of graphics and computer vision research.
These experts collaborate with designers and artists to produce AR effects and visualizations and standardize 3D assets for businesses.
To work as an AR designer or graphics engineer, you must have a degree in graphic design or a similar discipline.
You will acquire the information and abilities needed to use AR software from these subjects. Other tools include Adobe Aero, AutoCAD, and CorelDraw.
Project Managers
Creating augmented reality media, software, or tools requires many steps and tasks. AR companies need competent project managers to ensure their success.
They should have worked with prototypers, engineers, product testers, and designers on projects. These professionals should be able to manage teams and lead them through the development, creation, and publication of AR products.
They can be used by other developers as well as the consumer market.
Project managers in the AR industry require a lot of experience. This education will allow you to expand your understanding of organizational thinking.
This education will allow you to create structures that help AR companies reach their goals and milestones.
Conclusion
Augmented Reality is quickly becoming a part of every facet of our personal and professional lives, from healthcare to real estate to commerce and gaming to real estate and real estate,
This whole overview of creating augmented reality apps is now complete. Nonetheless, there are countless chances for business expansion.
Although each business may have its priorities, these points can be applied to all businesses. These principles must be applied to all types of businesses and entrepreneurs.
If you are looking to hire the best AR app developers or company, you should follow these quick steps:
- Do thorough and accurate research
- Analyze all options and preferences
- Verify the authenticity of the service provider
Remember to only consent if you are confident about the AR app company's ability and proficiency.
The leading provider of AR app development is Cisin. You can get in touch with us whenever you have a project idea.
As a leading provider of augmented reality development in India, we provide customizable engagement methods to meet various corporate requirements. Our team has the experience to provide our clients with the most up-to-date software solutions that use the latest technologies.
